NLOP: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Land, buildings and improvements	226,533	218,799	477,947	581,913
Net investments in finance leases	0	41,878	NaN	NaN
In-place lease intangible assets and other	41,519	45,160	185,125	191,977
Above-market rent intangible assets	7,314	10,760	26,188	29,742
Investments in real estate	275,366	316,597	689,260	803,632
Accumulated depreciation and amortization	97,425	102,926	266,244	282,999
Assets held for sale, net	0	96,269	27,399	61,868
Net investments in real estate	177,941	309,940	450,415	582,501
Cash and cash equivalents	70,609	119,621	38,689	54,146
Restricted cash	NaN	3,011	2,442	2,043
Other assets, net	9,432	20,799	31,005	29,965
Total assets	257,982	453,371	522,551	668,655

Nlop mezzanine loan, net	NaN	0	0	0
Non-recourse mortgage	21,900	21,900	47,120	117,170
Debt, net	NaN	21,900	47,120	117,170
Accounts payable, accrued expenses and other liabilities	11,157	56,104	38,468	43,449
Below-market rent intangible liabilities, net	2,055	1,990	2,743	3,985
Dividends payable	48,886	75,552	NaN	NaN
Total liabilities	83,998	155,546	88,331	164,604
Common stock, 0.001 par value, 45,000,000 shares authorized 14,814,075 shares issued and outstanding	15	15	15	15
Additional paid-in capital	855,813	855,813	855,813	855,813
Accumulated other comprehensive loss	NaN	0	0	-40,323
Distributions in excess of accumulated earnings	685,801	561,917	425,576	315,491
Total shareholders equity	170,027	293,911	430,252	500,014
Noncontrolling interests	3,957	3,914	3,968	4,037
Total equity	173,984	297,825	434,220	504,051
Total liabilities and equity	257,982	453,371	522,551	668,655

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.